What To Do When a Buyer Puts You Off?
When you’re trying to get buyers to switch from another product or solution to your product or solution, and they say, “I need to think about it,” how much time should you give a prospect to make a decision?
Which approach with a sales prospect is most effective?
What The Research Says
According to a recent study by Van de Ven published in Psychological Science, when people are forced to make a decision immediately, they’re more likely to stick with the status quo. But when people have time to think it over, the odds shift in favor of change. Buyers think of all the problems with their current situation, making you more likely to win the sale.
The Sales Pitfall to Avoid
In this situation, the tendency for business sales training participants is to immediately fear they’re going to lose a sale on which they may have invested a lot of time. And that tendency is borne out by experience – oftentimes buyers who say they need to sleep on it, or think about it, or run it past someone are in fact getting cold feet and just don’t want to admit it. But the research hammers home the point that if you try to hustle buyers up at this stage, you’re reducing your chances of success.
The Bottom Line
While it can be frustrating when prospects go dark, too many sales people push or try to create a false sense of urgency to try to close the deal. That is a mistake.
To learn more about how to effectively qualify sales prospects, download The Top 30 Effective Sales Questions that Matter Most
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